Advantages of global shift to China

Question 1

What are the benefits of the global shift

Answer 1

Investment in infrastructure

Reduction in poverty

Better education and poverty

Increase in urban incomes

Question 2

Investment in infrastructure China example

Answer 2

China has developed the world largest highway network and 100,000 rail system

e.g: High speed rail longest links Shanghai , Beijing , Shenzhen , Guangzhou

Question 3

Example of reduction of poverty example in China

Answer 3

Poverty in China has decreased by 680m from 1981-2010 and have a 300m middle class now

Question 4

Example of better education and training in China

Answer 4

Large increase in literacy rates and uni grads

e.g China literacy rate has went from 20% in 1950 to 99%
%in 2021

Question 5

Example of increase urban incomes in China

Answer 5

Urban incomes have increased since 2000 have increased driven by both fats economic growth and slow population growth

Urban incomes have increased 10% a year since 2005 averaging 9000 usd in 2014